In reality they will not bring any capital, they will accept but they will not bring...we can't be decrease the drawing power as it will stand as overdue later convert to NPA In reality they also not submit the stock or book debts statement Most of msme customer are uneducated or they don't learn too, after loan they will do whatever they want submiy incomplete paper during renew....alot of problems in renew of cc and od account
You have raised a point very close to my heart. I am tempted to make presentation on the same. In last one year I have gained much experience on DCCO extension and restructuring both. However I have following apprehensions in my mind: 1. The scheme is going to get discontinued after 31.03.2020. So my video will become useless after that. 2. I am not sure how many of the officers need this training. Presently in search of the above answers.
@@ShuddhDesiBanking Sir Though MSME restructuring will be closed, however normal restructuring will always be there. So it is requested to kindly upload a small video on quantitative part of restructuring. Reg
Sir are we assuming that the renewal proposal has come before the next balance sheet date as the term loan installment payment for the year is showing nil ?
Sir, a CC limit given to individuals in civil construction work is due for renewal and the party usually stays overdrawn and somehow pays the interest part only. Kindly help me with the process as I am new to credit and have no prior knowledge or experience in handling credit as I have science/IT background
You have following options: 1. Give adequate moratorium and go for restructure. Convert the entire facility into term loan. 2. You can also split the facility in two parts let one part continue as CC and covert the other to WCDL. 3. I believe COVID 19 assistance is available in your bank as well. Use that to give WCDL and reduce the limit proportionately. Always give full moratorium available under the scheme of your bank. In this present juncture no one will question you for that Hope this clarifies. Get back with more questions if you have.
Sir Should we ask for voucher /bill supporting increased stock, while analysing capital infusion by borrower in stressed account for renewal? Please clear my doubt
Let us suppose you want to monitor whether customer has really infused capital and whether his stock and debtors have increased. You can tell him to credit the amount in bank account and make the payments. That's the most practical way of monitoring. If the business is really small lets say a CC limit of 10k and all transactions take place in cash then there is no way to monitor other than asking for regular payment of interest. If you ask for voucher/bill for raw materials you will dig your own grave. Even if he is doing everything correctly it is extremely difficult to reconcile the transactions. Rather your inspectors will say violation of sanction terms which will be difficult to comply. We should always explore ways to make our work easy. Instead you ask for GST statement that is still possible to reconcile or keep a watch on monthly credit and debits.
@@ShuddhDesiBanking Got it sir I am a budding banker, recently got promotion to scale 1. I want to have deep understanding of credit nuances, your videos are really helpful, as these are lucid, your teaching method is flawless, these videos exhibit huge experience of your in banking.i worked for 1.5 year in loan department as a loan clerk due to shortage of staff post nirav modi scam(as some staff engaged in stiff recovery process) , and faced all the problems you mention in your videos. Now I m getting how to overcome problems in credit section. Thank you so much for guiding budding bankers.
Sir please do one on how to do WCTL and reduce the OCC limit as the party is unable to maintain the OCC.
Kindly do one topic on Partnership firm Equity. Current account shown in Capital Part of Partnership firm. Can we consider that Capital for TOL: TNW?
Very usefull
Thank you
A very relevant topic as far as credit officers are concerned!
All our topics are handpicked to suit the requirements of our fellow bankers. Not mere read out from text books.
@@ShuddhDesiBanking 👏
In reality they will not bring any capital, they will accept but they will not bring...we can't be decrease the drawing power as it will stand as overdue later convert to NPA
In reality they also not submit the stock or book debts statement
Most of msme customer are uneducated or they don't learn too, after loan they will do whatever they want submiy incomplete paper during renew....alot of problems in renew of cc and od account
Very nice sir.
Kindly make a video on restructuring of MSME proposal.
You have raised a point very close to my heart. I am tempted to make presentation on the same. In last one year I have gained much experience on DCCO extension and restructuring both. However I have following apprehensions in my mind:
1. The scheme is going to get discontinued after 31.03.2020. So my video will become useless after that.
2. I am not sure how many of the officers need this training.
Presently in search of the above answers.
@@ShuddhDesiBanking Sir
Though MSME restructuring will be closed, however normal restructuring will always be there. So it is requested to kindly upload a small video on quantitative part of restructuring.
Reg
Sir are we assuming that the renewal proposal has come before the next balance sheet date as the term loan installment payment for the year is showing nil ?
He has paid the installment from the working capital fund.
Sir, a CC limit given to individuals in civil construction work is due for renewal and the party usually stays overdrawn and somehow pays the interest part only. Kindly help me with the process as I am new to credit and have no prior knowledge or experience in handling credit as I have science/IT background
You have following options:
1. Give adequate moratorium and go for restructure. Convert the entire facility into term loan.
2. You can also split the facility in two parts let one part continue as CC and covert the other to WCDL.
3. I believe COVID 19 assistance is available in your bank as well. Use that to give WCDL and reduce the limit proportionately. Always give full moratorium available under the scheme of your bank. In this present juncture no one will question you for that
Hope this clarifies. Get back with more questions if you have.
@@ShuddhDesiBanking sir pls explain WCDL
Sir
Should we ask for voucher /bill supporting increased stock, while analysing capital infusion by borrower in stressed account for renewal?
Please clear my doubt
Let us suppose you want to monitor whether customer has really infused capital and whether his stock and debtors have increased.
You can tell him to credit the amount in bank account and make the payments. That's the most practical way of monitoring. If the business is really small lets say a CC limit of 10k and all transactions take place in cash then there is no way to monitor other than asking for regular payment of interest.
If you ask for voucher/bill for raw materials you will dig your own grave. Even if he is doing everything correctly it is extremely difficult to reconcile the transactions. Rather your inspectors will say violation of sanction terms which will be difficult to comply. We should always explore ways to make our work easy. Instead you ask for GST statement that is still possible to reconcile or keep a watch on monthly credit and debits.
@@ShuddhDesiBanking
Got it sir
I am a budding banker, recently got promotion to scale 1. I want to have deep understanding of credit nuances, your videos are really helpful, as these are lucid, your teaching method is flawless, these videos exhibit huge experience of your in banking.i worked for 1.5 year in loan department as a loan clerk due to shortage of staff post nirav modi scam(as some staff engaged in stiff recovery process) , and faced all the problems you mention in your videos.
Now I m getting how to overcome problems in credit section.
Thank you so much for guiding budding bankers.